Dominion Markets Review
Claiming to be built on the core values of Integrity, Trust, Honesty, and Fairness, Dominion Markets is an online financial services provider that offers trading products and services to a global clientele. The broker aims to bridge the gap between institutional and retail trading by providing clients superior liquidity and fair market conditions to trade over 200 currency pairs and major indices. Trades are carried out using the MT5 trading platform, which is available in desktop, web, and mobile versions. The minimum deposit required to start trading is $100.
Pros / Cons
- Powerful MT5 platforms
- Various financial assets
- Educational resources
- Unregulated trading brokerage
- Minimum $100 deposit
- Limited account funding methods
- Not the lowest commission fees
- No USA clients
In this detailed Dominion Markets review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Dominion Markets Overview
Founded in 2020, Dominion Markets is an online ECN Forex broker that was established to provide trading environments on MetaTrader 5 for traders across the globe. The firm was organized by a team of professional day traders and educators to provide a competitive and fair environment for its clients to trade in. The broker provides traders with various competitive trading conditions, such as leverage of up to 1:500, rapid trade execution speeds, tight spreads, low commissions, hedging, and more.
Dominion Markets Regulation
There is no regulatory information on the broker’s website at the moment. Many experts and professionals would not trade with an unregulated broker as they cannot offer the same protection to investors that a regulated brokerage firm can. Please see our trading broker reviews for alternative regulated brokers.
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Dominion Markets Countries
Dominion Markets LLC does not accept applications from residents of the U.S., Canada, the United Kingdom, and the Islamic Republic of Iran.
Some Dominion Markets features and products mentioned within this Dominion Markets review may not be available to traders from certain countries because of legal restrictions.
Dominion Markets Platforms
The broker’s clients can buy and sell the various available financial assets using the popular MT5 trading platform. It is undoubtedly the world’s most popular trading platform for forex traders due to its ease of use, feature-rich environment, and automated trading. Some of the essential features of the MT5 trading platform include:
- DOM access
- Economic calendar integrated
- Instant execution
- Six pending order types
- Multiple timeframes
- EA bot trading
- MQL5 programming
- Many indicators installed
- Trading signals and copying
The MT5 trading platform is available in desktop, web, and mobile versions.
Dominion Markets Trading Tools
There are no standalone trading tools on the broker’s website at the moment. However, the MT5 platform should have more than enouhg implemented tools to meet the needs of even the most demanding of traders.
Dominion Markets Education
The broker’s website is replete with various learning resources that are designed to improve clients’ overall trading skills and knowledge of the financial markets. These educational resources include learning articles, trading guides, company news, and an FAQ section that answers some of the clients’ most common questions.
Dominion Markets Instruments
The broker offers over 200 forex pairs, major indices, and other financial instruments.
Dominion Markets Accounts & Fees
Dominion Markets allows traders to choose the account type that meets their trading needs from a choice of two live trading account options: Standard STP and Pro accounts. The minimum deposit required to start trading is $100. PRO accounts offer spreads from 0.0 pips with a commission charge of $3.50 per 100K traded based on the USD notional value. Standard accounts offer spreads from 1 pip with no additional commission charges. Additionally, a demo account is available for practice purposes.
As broker fees can vary and change, there may be additional fees that are not listed in this Dominion Markets review. It is imperative to ensure that you check and understand all of the latest information before you open a Dominion Markets broker account for online trading.
Dominion Markets Support
The broker’s client support team is available to respond to clients’ trading inquiries. The support team can be reached through email, online form, and social media.
Dominion Markets Deposit & Withdrawal
Dominion Markets allow traders to deposit and withdraw funds to and from their trading accounts using cryptocurrency and major credit/debit cards.
Dominion Markets Account Opening
To open an account, click on the “Open an Account” button on the broker’s website’s homepage. Then, ensure you fill out the account application form correctly, providing all the requested details.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.
Dominion Markets Summary
With its head office in Kingstown, Saint Vincent, and the Grenadines, Dominion Markets is a retail broker that offers quick and easy access to trade various financial markets. Trades are carried out using the MT5 trading platform, which is available in desktop, web, and mobile versions. In addition, the broker provides traders with educational resources and valuable trading tools, while a knowledgeable client support team can always render any requested assistance. The minimum deposit required to start trading is $100.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.